For many companies in Texas, solar energy is becoming quite appealing for its cost savings and clean energy solutions. With solar panels lasting well over 20 years, many companies are realizing the smart investment in Texas solar power. Mondelez International, owner of Oreo and Ritz crackers, is making the smart switch to solar. Yes, that means that solar powered oreos will be a real flavor.
The international food and beverage company is purchasing 65 MW from a massive Texas solar farm via a 12-year PPA. Using the Power Purchase Agreements (PPAs), large companies can purchase solar power without having to build their own solar farms. The contract is with Enel Green Power North America, and is part of their 497 MW solar energy project, called Roadrunner. Roadrunner Solar Farm is currently being constructed in two parts. The first is expected to be up and running by the end of 2019, and will have a capacity for 252 MW. The second half is expected to be completed in 2020, and will produce 245 MW.
The Texas solar power purchased will go towards powering an Oreo production factory. With 65 MW of electricity, the factory can produce over 50% of all Oreos consumed in the U.S. annually. That’s ten billion cookies. As if that isn’t enough, it will also reduce Mondelez International’s annual carbon dioxide emissions by 80,000 metric tons.
Mondelez seems to be quite enthusiastic about becoming energy efficient by switching to clean, green solar energy. Johnathan Horrell, director of sustainability at Mondelez, said “It makes sense for our business, our customers, and our farmers. Renewables are becoming increasingly price competitive. We’re seeking to support that by scaling up.”
Clearly, Mondelez know what direction the wind is blowing. Renewable energy, including solar power in Texas, is growing every day. People are trying to be more energy efficient, and if you live in the Lone Star State, there’s no better way to accomplish that goal than with Texas solar panels. WIth solar incentives such as the Federal Solar Tax Credit, net metering, plus state and local incentives, purchasing a solar energy system is simpler than ever- as both Enel and Mondelez know.
Mondelez is setting the pace by switching to solar. If it makes sense for oreos to made by solar power, we anticipate many other large corporations will follow suit and join the solar movement in Texas. Solar just tastes better!